The Fed Still Doesn’t Get It!
As late as a couple days ago, the Fed had an opportunity to “calm” the bond market by moderating their deflation-fighting view. They either did not get it, or decided they don’t mind higher interest rates. Either way this is bad news for the bond market.
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Commentaries — August 14, 2003
The Fed Still Doesn’t Get It! As late as a couple days ago, the Fed had an opportunity to “calm” the bond market by moderating their deflation-fighting view. They either did not get it, or decided they don’t mind higher interest rates. Either way this is bad news for the bond market.